What does it cost?

Businesses across Australia are taking up Environmental Upgrade Finance through Sustainable Melbourne Fund to save on power bills, water costs and waste management services.

To receive the benefits of Environmental Upgrade Finance, the fees involved depend on the size of your project and is payable for all EUA applications, regardless of who is lending to the project:

Project size Processing fee Application fee Total (up front) fee
<$50,000 $600.00 $600.00
>$50,000 and <200,000 $612.50 $600.00 $1,212.50
>$201,000 and <$400,000 $1,350.00 $600.00 $1,950.00
>$401,000 and <$800,000 $2,340.00 $600.00 $2,940.00
>$801,000 and <$1,400,000 $3,630.00 $600.00 $4,230.00
>$1,400,001 and >$2,500,000 $4,875.00 $600.00 $5,475.00
>$2,500,001 and < $4,000,000 $6,175.00 $600.00 $6,775.00
>$4,000,001 and <$8,000,000 $9,600.00 $600.00 $10,200.00
>$8,000,001 and <12,000,000 $16,000.00 $600.00 $16,600.00
>$12,000,001 $19,200.00 $600.00 $19,800.00

A small administration fee of 0.072% is also charged over the life of the loan and paid quarterly or as rates are paid.

For more information, please provide details of your organisation and project to info@sustainablemelbournefund.com.au or contact Sustainable Melbourne Fund on (03) 9658 8618.